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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Comment by Crunchy2chewon Apr 28, 2022 7:32am
107 Views
Post# 34638043

RE:Realistic targets

RE:Realistic targets

$3 would not be in the ball park. There is over a billion tons in the ground. Wholesale is $80/ton but lets say its $60 and lets say half a billion tons of salt. 


at the reduced values that would be a buyout of under 1% of the reduced resource. The buyout cost would be paid back in under 3 years with a modest 5 million tons per year. the management would be crazy to sell. Dig into this and get excited

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